Velma, Oklahoma - Basic Facts

The Town of Velma is an incorporated place (Class Code P1) located in Stephens County at latitude 34.4564 and longitude -97.6639. Stephens County is in the Central time zone (GMT -6).
The elevation is 1,043 feet.

The formal official name is the Town of Velma, but most people and references simply refer to it as Velma, Oklahoma.

The P1 Census Class Code for Velma indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the Town of Velma (see map below) encompass a land area of 1.4 sq. miles and a water area of 0.01 sq. miles.

INCOME

GROWTH RATES

2010-2014

2014-2019

Population

0.26%

0.22%

Households

0.28%

0.24%

Families

0.78%

0.11%

Median Household Income

1.76%

Per Capita Income

1.26%

1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Velma, OK - Peer Comparisons by Rank and Percentile

The table below compares Velma to the other 733 incorporated cities, towns and CDPs in Oklahoma by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.